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launches first fatwa-approved digital lottery - 21st April 2020 Emirates
Loto, the first fatwa-approved digital lottery operator within the United Arab
Emirates (UAE), has staged its inaugural draw, with one player winning AED350,000
(£77,611/€87,958/$95,303). Launched
last month, Emirates Loto will run a live weekly draw and is open to players over
the age of 18 in the UAE and across the globe. It
had been due to stage its first draw on 28 March, but postponed the event in compliance
with UAE government initiatives to mitigate the spread of novel coronavirus (Covid-19).
All tickets purchased before this were made eligible for the rescheduled draw. Players
can purchase collectable tickets online - each featuring a local landmark - via
the official Emirates Loto mobile application and at retail stores throughout
the UAE. Once
a player has purchased the ticket, they can choose to opt into a free live draw
for a chance to win between AED35m and AED50m in jackpot prizes each week. Online
buyers can also donate their ticket to charity instead of arranging to have it
delivered. When
opted in to the draw, players select six numbers from one to 49 on the app or
website and win other cash prizes, depending on how many numbers they match. Emirates
Loto will pay out a guaranteed AED350,000 for matching five numbers in any draw. In
addition to paying out prizes, Emirates Loto committed to donating millions of
Dirhams to UAE government initiatives in order to support both nationwide and
community projects. Emirates
Loto is the first digital lottery to launch with fatwa approval. Fatwa is a nonbinding
legal opinion on a point of Islamic law given by a qualified jurist. We
are incredibly excited to be launching the regions first fatwa-approved
digital collectable scheme and draw, Emirates Loto chief executive Paul
Sebestyen said. The UAE, with its spirit and drive for innovation and entrepreneurship,
was the most obvious choice to set up this initiative. The
inaugural draw took place on 18 April, with one player winning AED350,000 for
matching five numbers in the main jackpot draw. A total of 43 players won cash
prizes from the debut draw event. We
realise these are difficult times for all, but we genuinely hope and believe that
our new venture will bring much needed relief, happiness and more importantly
funds for public good, Sebestyen said. News Russian
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